🟢 TQQQ is trading 5.6% up today as strong Micron earnings revive the AI trade and Nasdaq-100 futures rebound

TQQQ is trading 5.6% up today as Nasdaq-100 futures rebound and growth stocks recover from a recent tech selloff.

• Strong earnings and guidance from Micron have revitalized the AI trade, boosting semiconductors and large-cap tech stocks that dominate the Nasdaq-100.
• The move follows significant weakness in the tech sector on June 23-24, suggesting today's performance is a sector-wide snapback.
• The recovery is being driven by a broad lift in high-growth technology names as investor sentiment stabilizes following the prior downturn.